See Home Value
$2,863,031*
House - Off Market

114 WAVECREST AVE

VENICE, CA 90291
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1910 Sqft
$1,890,000 - $2,310,000
Reference Base Price*
36.33%
Since Sep 1, 2020
CA-Los Angeles
Primary Model
Sold Feb 28, 2022
$2,100,000
$1,680,000 by Mufg Union Bank Na
Mortgage Due Mar 01, 2052
Sold Dec 22, 2000
$675,000
$540,000 by Dba Ditech.com
Mortgage Due Jan 01, 2031

About This Property

Character Craftsman home 1.25 BLKs from Venice Beach. The Wavecrest House is a rare Airplane Craftsman House built in 1912. Using most of the original house's architectural details this lovingly restored home features 3 bedrooms, 2 ½ baths, a living room with a wood burning fireplace, large dining room, kitchen and sun porch. The 2nd floor bathroom has been restored with antique bathroom fixtures including a 1906 48 inch Mott Pedestal Sink and 5'9' Standard bath tub, both brought down from San Francisco, both surviving the 1906 earthquake. The toilet is an 1885 Jon Douglas Victorian toilet, complete with a hand break flush.  The shower (the only reproduction) measures 5x5 feet, contains 6 Waterworks showerheads and a crank window, to let the steam out. The guest bathroom contains all the original 1912 bathroom fixtures from the house with one change, an 1885 Jon Douglas pull chain toilet with a porcelain tank. The kitchen features a new Samsung fridge, a Gaggenau stainless dishwasher, and a 25 year old Viking Stove that has also been restored with new burners, starters and oven thermostat. Enjoy the lush garden, waterfall with koi-fish pond back deck with BBQ that leads to 3 car Parking. All of this close to Abbot Kinney, Main Street and the beach.

The manager has listed the unit size as 1910 square feet.
Unit Size
1,910Ft²
Days on Market
-
Land Size
2,250.00 acres
Price per sqft
$1,099
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1912

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold to Joseph Garfield Crompton, K... $2,100,000
Sold to Joseph Garfield Crompton, K...
Aug 22, 2020 No longer available -
No longer available
Aug 3, 2020 Price Decreased $2,100,000
↓ $149K (6.6%)
Price Decreased
Jul 12, 2020 Price Decreased $2,249,000
↓ $48K (2.1%)
Price Decreased
May 27, 2020 Relisted $2,297,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,250
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,794
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VENICE VIEW TRACT
  • Land Acres: 0.052
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENICE VIEW TRACT LOT/SEC 46

Ownership

  • Current Owner : CROMPTON JOSEPH GARFIELD
  • Current Owner 2: LE KIM THIEN
  • Previous Owner : JAY I KAMEN TRUST
  • Owner Before Previous Owner: STEES RANDALL
  • Owner Before Previous Owner 2: HAMADA SUMIYE S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 273403

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 49-B4
  • Parcel: 4238-001-027
  • Lot: 46
  • Municipality: WEST /VENICE SOUTH
  • Latitude: 33.9908
  • Longitude: -118.474

    Address

  • Full Address: 114 Wavecrest Ave
  • Address - House Number: 114
  • Address - Street Name: Wavecrest
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Venice
  • Carrier Code: C002
  • 4-Digit Zip Code: 3337
  • Zip Code: 90291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,326
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,156,868
  • High Value: 2,646,057
  • Low Value: 1,667,678

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,680,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Feb 28, 2022
  • First Open Lien Mortgage Loan Amount: $1,680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,142,000
  • Assessed Land Value: $1,713,600
  • Assessed Improvements Value: $428,400

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Transaction ID: 11880282177
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 229770
  • Previous Sale Recording Date: Dec 22, 2000
  • Previous Sale Contract Date: Oct 16, 2000
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Feb 28, 2022
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: DBA DITECH.COM
  • Previous Mortgage Transaction Date: Dec 22, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $540,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,922 ft²
$1,194/ft²
$2,295,000 May 20, 2023
-
-
House
3 Beds
1.5 Baths
1,552 ft²
$1,543/ft²
$2,395,000 May 4, 2023
-
-
House
3 Beds
2 Baths
1,137 ft²
$1,491/ft²
$1,695,000 May 12, 2023
-
-
Multifamily
3 Beds
2.5 Baths
1,755 ft²
$1,248/ft²
$2,190,000 Sep 26, 2022
-
-
House
2 Beds
2 Baths
1,210 ft²
$1,979/ft²
$2,395,000 Feb 3, 2023
-
-
House
Stu
5 Baths
1,368 ft²
$1,316/ft²
$1,800,000 Aug 22, 2022
-
-
Multifamily
3 Beds
-
-
$2,400,000 Jan 23, 2023
-
-
Multifamily
3 Beds
-
-
$2,499,000 May 8, 2023
-
-
Multifamily
4 Beds
-
-
$2,049,000 Mar 5, 2023
-
-
Multifamily
4 Beds
-
-
$2,400,000 Jan 25, 2023
-
-
Land
Loft
-
-
$1,950,000 Apr 17, 2023
-
-
Multifamily
Stu
-
-
$1,800,000 Dec 3, 2022
-
-

About West Los Angeles


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Frequently Asked Questions

When was property at 114 Wavecrest Avenue built and last sold?
The property at 114 Wavecrest Avenue was built in 1912 and last sold on Feb 18, 2022 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 114 Wavecrest Avenue is $2,118,403.
What are some comparable homes to 114 Wavecrest Avenue?
There are currently no comparable homes to 114 Wavecrest Avenue.

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